COMMERCIAL.

Auckland Star, Volume LIII, Issue 248, 19 October 1922, Page 3

COMMERCIAL.

SHARLAXD COMPANY'S REPORT. | A FAVOURABLE TEAR. The twenty-fourth annual balance-sheet and report of directors of Sharland and I Co just issued shows, as anticipated, a more favourable result than that of the previous year. After providing for all bad and doubtful debts, lull depreciation of premises and plant, taking stock at saleable values, and Government war HtocK under market price, as well ac payment of interim dividend, there remains a balance of £9.K20 14/8 to be dealt with, including the mim of £ 2060 14/1 brought forward from last years account. Appropriation is recommended as follows:—in payment of dividend. 6 per cent for the year. less interim dividend of 2J per cent! paid May HI last, £4:575; to carry forward i income Xt tax)? r « 4054 ;0 14 , /8. ' "f Stal. "I 9329 ] 14/8. The retiring director is Mr. .1. H. Owen, who offers himself -for reelection. PAI.MEEBTON NORTH MARKETS. Messrs. Abraham and Williams. Ltd., report on their ralmerston North sale held on 12th inst. :—A medium yarding of fat sheep met with a brisk sale. A good yarding of cattle sold well at late market rates We quote: Fat wethers, 24/ Cto 25/3; mniden ewes. 24/8 to 20/; fat ewes, ltf/1 to 25/9: fat cows, 3 pens mnde £5 18/; forward cows, £2 a/ to £ 2 7/0 ; store cows, £ 1 2/6 to 29/ : w'lnglnc heifers. £r. 2/6. £6. £7 17/6. £S 12/ti. £S 17/6, «9 to £9 r>/ ; springing cows, £3 to £5 10/; yearling heifers, t « to £4 2/6: store bullocks, £2 in 'to £5 f>/ : bulls, to £5 5/. \t Feildiiig on 13th lnet a very small yarding of sheep met with a good sale, there being a. sharp rise in prices. A moderate yarding of cattle met with an exceptionally good demand. We quote: Fat ewes 10/, 27/1 to 27/8 ; ewes and lambs to- 27/10: springing S.H. heifers. £-, 10/ to £6 15/ : springing Jersey cross heifers £6 4/6. £8 15/ to £10 2/6; dairy cows, £4, £ 6 to £ 7 ; fat cows, £2 10/ to £4 2/6; yearling Jersey cross heifers. £H 10/. £4 7/, £3 4/ to £6; small. £2 5/ lo £3 4/; store cows, 31/ to £•-• 10/: bulls, 85/, £2 5/ to £4 10/.